Vedanta surges on second interim dividend, cut in windfall gains tax - Moneycontrol

The large dividend payout is important for Vedanta’s promoter Vedanta Resources that is hurting from a high debt burden

Shares of Vedanta rose sharply in the morning trade on July 20, a day after the company announced a hefty second interim dividend. The governments decision to slash additional excise duty imposed on … [+1542 chars]

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